1 00:00:04,760 --> 00:00:09,640 Speaker 1: Hello, Welcome to the update. I'm Michelle Stevenson. The Treasurer 2 00:00:09,640 --> 00:00:13,399 Speaker 1: has welcome the latest economic data revealing Australia's inflation has 3 00:00:13,480 --> 00:00:17,000 Speaker 1: dropped to its lowest level in about four years. Overall 4 00:00:17,000 --> 00:00:19,640 Speaker 1: consumer prices grew two point eight percent for the year 5 00:00:19,680 --> 00:00:22,479 Speaker 1: to September, but this is down one percent on the 6 00:00:22,480 --> 00:00:25,880 Speaker 1: previous reading. Jim Chalmers say is today's results are encouraging. 7 00:00:26,079 --> 00:00:31,600 Speaker 2: Headline inflation down, underlying inflation down, non tradable inflation down, 8 00:00:32,040 --> 00:00:35,880 Speaker 2: monthly inflation down. These numbers show that we are making 9 00:00:36,120 --> 00:00:40,479 Speaker 2: very welcome, encouraging and heartening progress in the fight against inflation. 10 00:00:40,640 --> 00:00:42,920 Speaker 2: But we know that Australians are still doing it tough. 11 00:00:43,240 --> 00:00:46,480 Speaker 1: Bud Shadow Treasurer Angus Taler says the government still isn't 12 00:00:46,479 --> 00:00:47,920 Speaker 1: dealing with the source of the problem. 13 00:00:48,040 --> 00:00:52,360 Speaker 3: Our core inflation is higher than the Euro Area, Sweden, Norway, Japan, 14 00:00:52,479 --> 00:00:55,040 Speaker 3: New Zealand and Canada, and we see right across the 15 00:00:55,080 --> 00:00:57,040 Speaker 3: world interst rates coming down. 16 00:00:57,240 --> 00:00:58,520 Speaker 1: But not in Australia. 17 00:00:58,720 --> 00:01:01,240 Speaker 3: Interstrates are coming down in the United States, in the UK, 18 00:01:02,120 --> 00:01:05,039 Speaker 3: New Zealand and Canada, in Europe not. 19 00:01:05,080 --> 00:01:08,840 Speaker 1: In astruct A decision not to investigate six officials over 20 00:01:08,959 --> 00:01:13,120 Speaker 1: robodet is being reconsidered. The National Anti Corruption Commission was 21 00:01:13,160 --> 00:01:15,959 Speaker 1: criticized for not pursuing the group, which had been referred 22 00:01:16,000 --> 00:01:18,399 Speaker 1: to it by the Royal Commission into the Bungled scheme. 23 00:01:18,680 --> 00:01:21,679 Speaker 1: An independent person will now be appointed to reassess that 24 00:01:21,800 --> 00:01:25,080 Speaker 1: decision will. Students have returned to a school in Melbourne's 25 00:01:25,080 --> 00:01:27,839 Speaker 1: East after one of their classmates died when a car 26 00:01:27,880 --> 00:01:29,080 Speaker 1: crashed through a fence. 27 00:01:29,360 --> 00:01:30,119 Speaker 4: Eleven year old. 28 00:01:30,080 --> 00:01:33,120 Speaker 1: Jack was killed and four other children injured when the 29 00:01:33,200 --> 00:01:36,480 Speaker 1: vehicle plowed onto the grounds at the primary school. A 30 00:01:36,520 --> 00:01:39,760 Speaker 1: late Olympian cyclist, Rowan Dennis, appeared in court today on 31 00:01:39,880 --> 00:01:42,600 Speaker 1: charges relating to the death of his wife. A police 32 00:01:42,720 --> 00:01:45,200 Speaker 1: was due to be entered but instead his lawyer asked 33 00:01:45,200 --> 00:01:48,880 Speaker 1: for a six week adjournment. And more consumers are shifting 34 00:01:48,920 --> 00:01:53,080 Speaker 1: to home brand and cheaper products apt supermarkets. Woollies expects 35 00:01:53,120 --> 00:01:55,760 Speaker 1: its first half profits to take a hit as a result. 36 00:01:56,000 --> 00:01:58,960 Speaker 1: The grocery giant has raked in eighteen billion dollars in 37 00:01:59,000 --> 00:02:01,680 Speaker 1: the September quarter, with sales up for and a half percent. 38 00:02:02,040 --> 00:02:06,000 Speaker 1: Sport an entertainment annexed to Sport in a massive blow 39 00:02:06,040 --> 00:02:09,280 Speaker 1: for incoming Rabbitdo's coach Wayne Bennett at Captain Cameron Murray 40 00:02:09,320 --> 00:02:12,639 Speaker 1: said to miss the entire preseason with arist injury. He'll 41 00:02:12,680 --> 00:02:15,600 Speaker 1: reportedly be out of action for five months. And the 42 00:02:15,600 --> 00:02:19,239 Speaker 1: Aussies are on fire in the tennis at the Paris Masters. 43 00:02:19,480 --> 00:02:22,520 Speaker 1: Alex demon Or, Alexei Popprin and now Jordan Thompson are 44 00:02:22,560 --> 00:02:26,079 Speaker 1: all through to the second round. In your Entertainment News now, 45 00:02:26,160 --> 00:02:29,280 Speaker 1: and the Liam Payne collab with Sam Pounds has been 46 00:02:29,320 --> 00:02:33,000 Speaker 1: put on pause amid family concerns. The one direction of 47 00:02:33,080 --> 00:02:36,360 Speaker 1: Lum's first posthumous song, do No Wrong Instead, will be 48 00:02:36,440 --> 00:02:40,760 Speaker 1: postponed until his family members are ready. Gladiator star Paul 49 00:02:40,760 --> 00:02:43,600 Speaker 1: mescal has keeped a pretty low profile after arriving in 50 00:02:43,680 --> 00:02:45,760 Speaker 1: city this morning. The actor set to hit the red 51 00:02:45,760 --> 00:02:47,359 Speaker 1: carpet for the Movies at. 52 00:02:47,200 --> 00:02:51,640 Speaker 4: Premiere and Channing Tatum and Zoe Kravitz have called it quits, 53 00:02:51,880 --> 00:02:54,919 Speaker 4: the couple calling off their engagement after three years together, 54 00:02:55,000 --> 00:02:57,480 Speaker 4: with the pair yet to comment on the reason behind 55 00:02:57,520 --> 00:02:58,120 Speaker 4: it the split. 56 00:02:58,720 --> 00:03:00,560 Speaker 1: And that's the latest for the Nerva Pop News team. 57 00:03:00,560 --> 00:03:02,800 Speaker 1: We'll have another episode of the Update for you tomorrow. 58 00:03:02,840 --> 00:03:03,960 Speaker 1: I'm Michelle Stevenson.